DislikedI don't know any other alternatives to know overbought or oversold markets.
Do you have any you can recommend me?
Also, what generated that move? Those moves don't happen too often... Did you know that it was going to happen? Or you got in the long train when you saw price was going up?Ignored
"Overbought"
or
"Oversold"
whichever is easier.
Then explain to You Why That will have an effect on Price Direction...
Keep in mind that the EUR/USD {on some TF's} has been Overbought for some weeks now.
I don't want to be your Critic. That's your job.